Conexant (Rockwell Semi Spin-Off) Message Board

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Technology Stocks : Conexant (Rockwell Semi Spin-Off)

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To: Michael Eugene Gieg who wrote ()	6/9/1999 8:39:00 PM
From: w molloy	of 40

Upgrades Warburg Dillon Read's analysts Gregory Mischou and David Bujnowski upped their third-quarter revenue estimate to $366 million from $342.3 million and earnings to 20 cents from 11 cents a share. Fiscal 1999 and fiscal 2000 earnings were also upped to 47 cents and 93 cents a share from 29 cents and 70 cents a share, respectively. Donaldson, Lufkin & Jenrette's analysts Charles F. Boucher, Ph.D. and Christopher F. Bunn upped their gross margin estimate for the quarter to 43 percent from 41 percent due to the stronger-than-expected sales news. The earnings estimate for the quarter was increased to 18 cents from 11 cents a share; while fiscal 1999 and 2000 were upped to 43 cents and 90 cents from 28 cents and 65 cents, respectively. w.

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